Forex Profit Heaper System

Whether you’re a technical analyst or an active trader, an ideal trading system can always help you explore useful market insights. Today, we’ll introduce you to the Forex Profit Heaper System and explain how it helps traders spot potential trend-following trading opportunities.

What is the Forex Profit Heaper System?

Forex Profit Heaper System applies a trend-following trading strategy that allows you to verify the market bias using multiple advanced trend and momentum indicators. It is an MT4 system and suits all timeframes available on the platform.

Forex Profit Heaper System Chart Overview
Forex Profit Heaper System Chart Overview

This system combines three trend oscillators with a unique moving average enabling you to place orders within the correct trend direction. The moving average outlines dynamic support/resistance levels. It also changes its colors to signal the changes in market trends.

You can also look at the FPH Bars that appear as the main price candle. It doesn’t change its color based on a bullish or bearish close of the price candle. It only switches its colors between yellow and red depending on the changes in market bias.

The FPH-HistoBars in the first oscillator window use histogram bars to indicate the market momentum. Besides, the FPH-Filter and FPH-Oscillator include multi-moving averages alongside histogram bars, offering further confirmation of the market trend.

Furthermore, the Forex Profit Heaper System helps predict potential price breakouts and counter-trend trading opportunities.

How to Trade Forex Profit Heaper System?

The FPH-Line and the FPH Bars offer the primary confirmation of the market trend. For example, the FPH Bars appear yellow above the blue FPH-Line, indicating a strong bullish trend.

After determining the market trend, look at the oscillator windows to confirm a trade entry. For buy orders, all the trend oscillators should simultaneously show positive value. Oppositely, the negative values will indicate a favorable condition for activating sell orders.

You can also use the trend meter shown at the top-left corner of the chart to compare the strengths among individual currencies.

Buy Signal

Let’s look at the system’s rule for assessing a buy signal:

Forex Profit Heaper System Buy Signal
Forex Profit Heaper System Buy Signal
  • The price exceeds the FPH-Line.
  • The FPH Bars turn yellow.
  • The FPH-Line color changes to blue.
  • The FPH-HistoBars show yellow bars.
  • The FPH-Filter bars appear in green and show positive values.
  • The FPH-Oscillator bars are green and breaking above the smoothed moving average line.
  • Stop loss below the FPH-Line.
  • Take profit when the FPH-Line turns red, and the oscillators confirm a bearish trend reversal.

Sell Signal

Let’s look at the system’s rule for assessing a buy signal:

Forex Profit Heaper System Sell Signal
Forex Profit Heaper System Sell Signal
  • The price drops below the FPH-Line.
  • The FPH Bars become red.
  • The FPH-Line turns red.
  • The FPH-HistoBars show red bars.
  • The FPH-Filter bars appear in red and show negative values.
  • The FPH-Oscillator bars are red and moving below the smoothed moving average line.
  • Stop loss above the FPH-Line.
  • Take profit when the FPH-Line turns blue, and the oscillators signal a bullish trend reversal.

Conclusion

The Forex Profit Heaper System can alone guide you through correct trend directions and enable you to determine trading opportunities with a potential higher probability of success. Although you can consider an additional auto-pivot or S/R indicator for a better assessment of the potential market entry and exit levels.